Lakala Payment Co Ltd
SZSE:300773
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Lakala Payment Co Ltd
Accounts Payable
Lakala Payment Co Ltd
Accounts Payable Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Accounts Payable | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
L
|
Lakala Payment Co Ltd
SZSE:300773
|
Accounts Payable
¥728.6m
|
CAGR 3-Years
-1%
|
CAGR 5-Years
12%
|
CAGR 10-Years
N/A
|
|
|
T
|
TravelSky Technology Ltd
HKEX:696
|
Accounts Payable
¥2.3B
|
CAGR 3-Years
8%
|
CAGR 5-Years
11%
|
CAGR 10-Years
19%
|
|
|
B
|
Beijing Cuiwei Tower Co Ltd
SSE:603123
|
Accounts Payable
¥258.5m
|
CAGR 3-Years
4%
|
CAGR 5-Years
-9%
|
CAGR 10-Years
-2%
|
|
|
Beijing Haitian Ruisheng Science Technology Ltd
SSE:688787
|
Accounts Payable
¥13.8m
|
CAGR 3-Years
25%
|
CAGR 5-Years
49%
|
CAGR 10-Years
N/A
|
|
|
D
|
Doushen Beijing Education &Technology Inc
SZSE:300010
|
Accounts Payable
¥183.4m
|
CAGR 3-Years
-16%
|
CAGR 5-Years
-12%
|
CAGR 10-Years
13%
|
|
|
N
|
Northking Information Technology Co Ltd
SZSE:002987
|
Accounts Payable
¥2.3m
|
CAGR 3-Years
-37%
|
CAGR 5-Years
-19%
|
CAGR 10-Years
N/A
|
|
Lakala Payment Co Ltd
Glance View
Lakala Payment Co., Ltd, an emblem of China's burgeoning fintech industry, emerged from the dynamic landscape of digital payments with a vision to transform the traditional cash-heavy commerce environment. As one of China’s first third-party payment companies, Lakala grew by swiftly capitalizing on the shift towards a cashless society. With its roots in providing payment acceptance solutions to small and medium-sized enterprises, Lakala integrated itself into the everyday commerce tapestry. By offering point-of-sale terminals, mobile payment services, and a robust suite of transaction processing software, it carved out a niche that met both consumer and merchant demands for seamless and secure payment solutions. The company makes its money primarily through transaction fees, where a small percentage of each transaction processed through their platforms contributes to its revenue stream. Additionally, Lakala leverages its expansive network to provide data-driven value-added services, such as financial management tools and marketing solutions, helping merchants optimize sales and operational efficiency. By tapping into the vast amounts of payment data, Lakala not only facilitates transactions but also crafts financial products that address deeper business needs. This dual approach—streamlining payments while providing analytical insights—ensures Lakala remains an integral part of China’s financial infrastructure, thriving as a result of its innovative responses to an ever-evolving market.
See Also
What is Lakala Payment Co Ltd's Accounts Payable?
Accounts Payable
728.6m
CNY
Based on the financial report for Sep 30, 2024, Lakala Payment Co Ltd's Accounts Payable amounts to 728.6m CNY.
What is Lakala Payment Co Ltd's Accounts Payable growth rate?
Accounts Payable CAGR 5Y
12%
Over the last year, the Accounts Payable growth was -11%. The average annual Accounts Payable growth rates for Lakala Payment Co Ltd have been -1% over the past three years , 12% over the past five years .
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